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DEVCON

Active
Private limited companyfounded 201412 yrs activePasstraat 412, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0547.905.389

DEVCON has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77k and a net result of €2k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 9380 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
54 / 100
Fair▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-90
Solvency62▲+10
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.64 in 2024), and 56.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
43.1%
Return on assets
0.9%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
14 d late
2024
61 d late
2023
5 d early
2022
31 d late
2021
31 d late
2020
4 d early
2019
7 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€77k▲ 2.1%
2024 · €75k
2018: €26k 2019: €32k 2020: €37k 2021: €37k 2022: €39k 2023: €49k 2024: €75k
2018 → 2025
Total assets
€178k▼ 8.9%
2024 · €195k
2018: €206k 2019: €232k 2020: €213k 2021: €197k 2022: €180k 2023: €181k 2024: €195k
2018 → 2025
Net result
€2k▼ 93.9%
2024 · €26k
2018: €3k 2019: €6k 2020: €5k 2021: €113 2022: €2k 2023: €10k 2024: €26k
2018 → 2025
Working capital
€-5k▲ 63.3%
2024 · €-15k
2018: €-14k 2019: €-12k 2020: €-12k 2021: €-10k 2022: €-10k 2023: €-4k 2024: €-15k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€37k-€39k▲ 4.4%€49k▲ 26.5%€75k▲ 53.2%€77k▲ 2.1%
Operating result€4k-€6k▲ 50.8%€17k▲ 170%€38k▲ 127%€7k▼ 80.9%
Net result€113-€2k▲ 1,349%€10k▲ 525%€26k▲ 154%€2k▼ 93.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2021: €4k€4kNet result 2021: €113€113Operating result 2022: €6k€6kNet result 2022: €2k€2kOperating result 2023: €17k€17kNet result 2023: €10k€10kOperating result 2024: €38k€38kNet result 2024: €26k€26kOperating result 2025: €7k€7kNet result 2025: €2k€2k20212022202320242025
The operating result falls in 2025; 2025 is 81% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €178k
Fixed assets €145k▼ 14.3%
Current assets €33k▲ 26.1%
Equity and liabilities €178k
Equity €77k▲ 2.1%
Debt €101k▼ 15.8%
The debt ratio falls from 61.5% to 56.9%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€33k
2024 · €60k
Cash flow
€27k
2024 · €49k
Solvency
43.1%
2024 · 38.5%
Current ratio
0.86
2024 · 0.64
Quick ratio
0.86
2024 · 0.64
Debt / equity
1.32
2024 · 1.60
ROE
2.1%
2024 · 34.7%
ROA
0.9%
2024 · 13.3%
Interest coverage
7.98
2024 · 17.75
Debt
€101k
2024 · €120k
Debt ≤ 1 year
€38k
2024 · €41k
Debt > 1 year
€63k
2024 · €79k
Income taxes
€2k
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€195k€178k
Fixed assets21/28€169k€145k
Tangible fixed assets22/27€169k€145k
Land and buildings22€115k€105k
Plant, machinery and equipment23€5k€5k
Furniture and vehicles24€34k€24k
Other tangible fixed assets26€15k€12k
Financial fixed assets28€45€45=
Current assets29/58€26k€33k
Amounts receivable within one year40/41€18k€22k
Trade receivables40€11k€12k
Other amounts receivable41€7k€9k
Cash at bank and in hand54/58€5k€7k
Deferred charges and accrued income490/1€4k€5k
Equity and liabilities
Total equity and liabilities10/49€195k€178k
Equity10/15€75k€77k
Contributions10/11€19k€19k=
Reserves13€57k€58k
Distributable reserves133€57k€58k
Amounts payable17/49€120k€101k
Amounts payable after more than one year17€79k€63k
Financial debts170/4€79k€63k
Amounts payable within one year42/48€41k€38k
Current portion of amounts payable after more than one year42€21k€17k
Trade debts44€4k€2k
Suppliers440/4€4k€2k
Taxes, remuneration and social security45€16k€20k
Taxes450/3€16k€20k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€26k
Other operating charges640/8€3k€3k
Gross operating margin9900€63k€36k
Operating profit (loss)9901€38k€7k
Financial income75/76B€195€423
Recurring financial income75€195€423
Financial charges65/66B€3k€4k
Recurring financial charges65€3k€4k
Profit (loss) for the period before taxes9903€35k€4k
Income taxes67/77€9k€2k
Profit (loss) for the period9904€26k€2k
Profit (loss) for the period to be appropriated9905€26k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€26k€2k
Transfer to equity691/2€26k€2k
To other reserves6921€26k€2k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Highest result since 2018net €26k ▲154%
Operating result €38k, net result €26k, both a record.
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Weakest financial yearnet €113 ▼97.7%
Net result drops to €113, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
05-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 36 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2024
DE VOS Stefaan Christiaan Catharina
Director · since 19-06-2024
Current
19-06-2024 Appointed as Director
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Passtraat 4129100 Sint-Niklaas
Ground area
388 m²
Building footprint
243 m²
Volume, LiDAR
1,629 m³
Parcel 46442C0364/00V000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Passtraat 412, 9100 Sint-Niklaas
Manufacture of other non-metallic mineral products
since 20142.229.110.577
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46442C0364/00V000 Flanders 388 m² 1 · 243 m² 10.9 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 18,208 companies in sector 71111 we hold annual accounts for 6,291. 5,451 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded13-03-2014
Fiscal year end31-12
Activities, NACEBEL
71111Activities of building architects
41001General construction of residential buildings
80010Investigation and private security services
80100Investigation and security activities
82990Other business support services
85510Sports and recreation education
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.